SOC 3470 Chapter Notes - Chapter 5: Enclosure, Common Land, Social Stratification

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Chapter 5: the rise of capitalism, industrial development, and underdevelopment. Land and labor were tuned into commodities. Rise of the merchant class and manufacturers. State grants monopolies and intervenes in all possible phase of commercial activity. Common land was taken away from the peasants and turned into sheep pastures. Capitalism rose up in the early 1600"s in nw europe. New social classes created as land and labor become commodities to be bought and sold on the market. Social stratification changed as women and children were hired outside of the home for lower wages. The industrial revolution led to the displacement of the poor. Revival of trade, including export grains, wool, and textiles. Demographic recovery (after the black death) and the enclosure movement combined with greater trade = increased urban population. Competition between crown and nobility for the control of state. Land and labor is bought and sold. Capitalism + technology = the industrial revolution.

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